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Objections Rise as A&P Announces its Bonus Plan
Following A & P’s filing for bankruptcy, the company has announced its bid for a $6.8 million Bonus Plan to its employees. This raised considerable objections at the U.S. Trustees office, its creditors and unions. The main reason for this objection is that the said plan sounds more like a ‘retention’ plan rather than a…
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Ralphs Grocery Co. Fined for Overcharging
A fine of $67,618 and three years of probation have been ordered for the grocery chain Ralphs Grocery Co. This happened after the Company pleaded no contest to the complaints of its Los Angeles customers for overcharging for weighed products and prepackaged foods. The no contest plea came before the cases were scheduled for trial.…